The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1887-06-09

described BY the law OF SoutA caro-
lima as found " the General Stat
utes of South Carolina 1882, Part 1,
Title -, Chapter 40, Sections 1925,
1926, 1927.
Second. The name of this corpora
ton formed under this agreement of
consolidation shall remain and con-
tinue to be the 'sCharleston, Cincin-
natl and Chicago Railroad Com
pany."
Third. The present directors for
the current year of the Charleston,
Chicago and Cincinnati Railroad
Company to-wit: Frank Coke, Rich.
ard Dozier, 81. C. Butler, James D.
Blanding, H. X. Baker, J. T. Wilder,
P. P. Dickinson, P. j. Sinclair, H.
D. Lee, W. l.. Roddey, D. n. Goats,
E. S. Brewer and W. F. Calender,
shall continue to be the directors of
this company until others are duly
elected and qualified in their stead.
Fourth. The number Of shares Of
the capital stock Of this corporation
shall he 15O 400.
Fifth. The par value of each share
of stock in this corporation shall be
Sl5O.
Sixth. The manner of converting
the capital stock Of the said "Geor'
gia, and Carolina Midland Railroad
Company" into that of the ''Charles'
ton. Chicago and Cincinnati Railroad
Company" shall be as follows :
Every owner of shares of the capital
stock of the Georgia and Carolina
Midland Railroad Company shall be
entitled to one share of the capital
stock of the Charleston, Chicago end
Cincinnati Railroad Company Of the
par value of $3.50 each for each four
shares so held by him, and fol
any number Of shares less than foul
scrip of the Charleston, Chicago, and
Cincinnati Railroad Company to rep
resent such fraction of fshares.
Seventh. The annual meeting o1
the stockholders of the company
shall be reld on the second Tuesday
in October, 1887, at 12 o'clock noon
at the Charleston Hotel, in the city
of Charleston, S. c., at which meet
ing it will be in order to transact any
business within the power of the cor
poration.
Eighth. The stockholders in gen
eral meeting may adopt by laws pro
viding for the election of such otbel
officers and agents as the interest:
af the company may require and fo1
the removal of any Of its officers al
ready elected, or for such other pur
poses as they may see fit, and th'
present bylaws of the "Charleston
Cincinnati and Chicago Railroad
Company" shall govern until other'
ere adopted.
Ninth. The seal of the compan,
shall consist of the words CHARLES
ton, Cincinnati and Chicago Railroad
Company" in circle, and "organi
zed September, 1885," in the centre
This was signed by all of the di
| rectors with the exception of W. 7
Gary.
Resolced, That said agreement i
hereby adopted as the act of tn
| stockholders of this company ant
that the directors are hereby authc
rized and empowered forthwith AM
as rapidly as possible to carry ou
the details of the provisions Of tha
contract, and to do anything whicj
may be required to be done to com
plete said consolidation which thi
body as stockholders can legal,
do.
The next resolution passed re
quired that before this consolidate,
should take effect the Three c.
should pay off all the floating in
| debtedness Of the Georgia and Care
lima Midland.
The secretary Of the meeting wa
requested to file the articles OF col
poration in the office of the secretar
of State.
The auditing committee of tn
road Messrs. A. J. Norris, J. II. Da
and E. R. Snyder, were continued q
the auditing committee until the az
counts can be Strengthened and sci
tied. All the offices of this ros
will be vacated and the directors ar
no more. The great Three C's ha
taken in everything and will have th
sole management and direction.
The last roet;hg of the stock
holders Of the Georgia and Carolin